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Calculated Numeric: A bond has the following characteristics: Coupon =5% Price =90 Yield =6%BPV=$0.08 If the vield of the bond increases by 1 basis point,

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Calculated Numeric: A bond has the following characteristics: Coupon =5% Price =90 Yield =6%BPV=$0.08 If the vield of the bond increases by 1 basis point, what is the new price of the bond? Note: Please do not include a dollar sign in your answer. Please round your answer to two decimal places

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